The first round of the French election taking place this weekend could put further upward pressure on bond yields in Central and Eastern Europe (CEE), particularly if concerns about the direction for fiscal policy in Europe more broadly rear their head. In this regard, it’s worth noting that fiscal health across CEE has deteriorated in the last few years. Meanwhile, inflation figures out of Turkey next week will likely mark the start of the disinflation process there. It appears as though policymakers will refrain from hiking the minimum wage next month which would be a positive sign in the battle to get inflation down to single digits.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services